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and there is still time for our government to recognize the nat gas glut and take advantage. it won't last forever. stick with cramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. and we can save you 10% on ground shipping over the ups store. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. but when i was in an accident... [ male announcer ] break from the holiday stres
and there is still time for our government to recognize the nat gas glut and take advantage. it won't last forever. stick with cramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call...
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Dec 13, 2012
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russia has acknowledge the rebels might defeat the government. until now, the kremlin has been a firm ally of the syrian regime. after recent developments, a defeat for assad cannot be ruled out. >> our moscow correspondent was asked what was behind the unusually frank comments by the russian deputy foreign minister. >> they were quite unusual remarks coming from russia. it seems that he simply expressed a personal opinion. it was not with the blessing or strategy from above. we have heard from sources close to the foreign ministry that they're not happy about the interpretation of the comments. there is another indicator that makes it look more like a blunder, not an official turn in russian policy. the statement has not been shown are mentioned on russian state tv at all. on wednesday, russia -- at the moment, it seems quite unlikely that we are looking at a real change of policy here. >> that was our correspondent in moscow. >> to some other news now. a german man who says he was kidnapped by the cia has won his case at the european court of h
russia has acknowledge the rebels might defeat the government. until now, the kremlin has been a firm ally of the syrian regime. after recent developments, a defeat for assad cannot be ruled out. >> our moscow correspondent was asked what was behind the unusually frank comments by the russian deputy foreign minister. >> they were quite unusual remarks coming from russia. it seems that he simply expressed a personal opinion. it was not with the blessing or strategy from above. we...
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Dec 13, 2012
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it received $30 million in government support. -- $381 million. it was expected to create 3,000 jobs. it into bankruptcy. in a delaware bankruptcy court just ruled it to be sold to a chinese company. this is taxpayer dollars wasted. here we are, talking about investing more into another green energy company? >> by the way, on that china point, wind energy relies on precious metals, rare either metals and china is the chief production of that. some analysts say we'll be more reliant as we go more and more wind power, more reliant on the chinese mining industry to get rare earth metals that we need, rare earth metals. sandra: what are we doing here? the taxpayers have got to question this. this is their hard-earned dollars at work. the vetting process by the obama administration has not been all that great when investing in these companies. >> no. we've seen 80% of companies had ties with democratic donors with obama, connections, cronyism. wind produces 2.3% of the electricity. 1.3% of the global electricity. this is something that is, this was the
it received $30 million in government support. -- $381 million. it was expected to create 3,000 jobs. it into bankruptcy. in a delaware bankruptcy court just ruled it to be sold to a chinese company. this is taxpayer dollars wasted. here we are, talking about investing more into another green energy company? >> by the way, on that china point, wind energy relies on precious metals, rare either metals and china is the chief production of that. some analysts say we'll be more reliant as we...
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Dec 13, 2012
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ain't to -- ability to dporch. -- govern. i agree very much with david what we need right now is a kind of down payment, making some progress, a down payment that probably involves the cuts on the spending side, and the pledged too -- to do much more later. the important thing to know about the proposals on the street right now is you can accept everything in the president's proposal,, accept everything speaker boehner's proposed, and you would not solve the budget problem for the longer run. in my judgment, you need twice what they have put on the table. i'm very troubled by the fact that we are gives the impression that we can solve this problem without imposing pain on the middle class. the president made that explicit, promising to never, ever raise taxes on the middle class, and, of course, the republicans would back him up on that, but there's no way charismatically you can solve the problem without everyone feeling something, and that certainly has to involve the middle class because that's where all the money is. as f
ain't to -- ability to dporch. -- govern. i agree very much with david what we need right now is a kind of down payment, making some progress, a down payment that probably involves the cuts on the spending side, and the pledged too -- to do much more later. the important thing to know about the proposals on the street right now is you can accept everything in the president's proposal,, accept everything speaker boehner's proposed, and you would not solve the budget problem for the longer run....
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Dec 13, 2012
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there's no possibility, in my judgment, that he can remain and his government can remain in that position. it's been brutal the way that they are dealt with. there are over 40,000 syrians killed in this terrible conflict and he faces a very tough future, whatever he does. but the longer he stays on, the longer the killing goes on and the greater the hostility and animosity among all of the people of syria. this is going to be a tremendously difficult trans significant, wolf. you know the area very well. people think that the fighting may stop the day he leaves but i think as some reason to believe that some fighting will continue as the struggle for control will just move from one scenario to another. so for his sake he would be best to leave while he can because he if he doesn't he will face the same kind of fate that others in similar situations have faced. it not just him but his family, members of his clan, members of the sect. it's a very difficult and complicated situation and the best thing for him and for everyone would be to leave as soon as possible. >> we've got to wrap it up.
there's no possibility, in my judgment, that he can remain and his government can remain in that position. it's been brutal the way that they are dealt with. there are over 40,000 syrians killed in this terrible conflict and he faces a very tough future, whatever he does. but the longer he stays on, the longer the killing goes on and the greater the hostility and animosity among all of the people of syria. this is going to be a tremendously difficult trans significant, wolf. you know the area...
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too big to jail this government condones crime and they wonder why they made roads on fire because they had water on fire because they got the contract for the lighter fluid company. well in just a bit we'll have news from another crisis stricken nation we'll find out why even though more britons are in work joy over the drop in jobless numbers could prove to be short lived. right business with katie up next what's the say here about russian shoppers heading over to europe yeah they're going there spending their you. is being gratefully received two point five. to be exact but certainly a large sum i'm sure the shopkeepers there are quite thrilled they are. actually taking to power. but not quite nearly as much as the chinese that spending all the money because right now europeans don't have much of it so that is all coming out in the business but it's and also the bright stay with us. please. hold it. hold of. her mother. the speech. she gave. her her. mother wish. her luck with being a muslim good luck with her mother just see them on the enemy coming her. home out of my mind i'm a li
too big to jail this government condones crime and they wonder why they made roads on fire because they had water on fire because they got the contract for the lighter fluid company. well in just a bit we'll have news from another crisis stricken nation we'll find out why even though more britons are in work joy over the drop in jobless numbers could prove to be short lived. right business with katie up next what's the say here about russian shoppers heading over to europe yeah they're going...
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Dec 13, 2012
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congress for years he and his colleague thomas than have studied the route causes of government dysfunction, they have written a gnaw book about the most pressing problems in our political system and how we might solve them, it is called it is even worse than it looks how the american political system collided with the politics of extremism. i am proud to have ornstein back at this table. >> thank you it is always great to be here. >> rose: let's talk about today, at the weekend, at the white house, john boehner, president of the united states met representing the congress and representing the presidency, a lot of people i have had a conversation with, at long last that is the way it ought to be done. will it be successful? >> ultimately it will be successful but one of the things we need to keep in mind and every time we look at the daily statements that suggest that the end is nigh is this is an end game and end games end at the end, in this case it is the end of the year the tricky part for them now is you can't have a deal by the end of the year, it takes at least a week to have it scor
congress for years he and his colleague thomas than have studied the route causes of government dysfunction, they have written a gnaw book about the most pressing problems in our political system and how we might solve them, it is called it is even worse than it looks how the american political system collided with the politics of extremism. i am proud to have ornstein back at this table. >> thank you it is always great to be here. >> rose: let's talk about today, at the weekend, at...
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to help get protection from english, the quebec government turns to the federal government. historically, it was montreal's english-speaking minority who held theconomic we inhe province. although this community was only one-quarter of the population of montreal, the language used in business and commerce, and on many public signs, was english. but signs like this one are now a relic of the past, since the french majority enacted laws to protect their language. one of their first actions was to stop written english on the streets. don cartwrights a cultural geographer who studies langge use in quebec. cartwright: as a geographer, signs of the landscape-- the streetscape-- are vital.ds to take back the streetscape, and consequently in the '70s, they passed legislation which de unilengl he placeishethe siaw which meant that only french-language signs could appear on the streetscape. narrator: because of these laws, many english-speaking companies, like this one, sun life, began to leave in droves. overall, nearly 20% of the english population left quebec in the early '70s and
to help get protection from english, the quebec government turns to the federal government. historically, it was montreal's english-speaking minority who held theconomic we inhe province. although this community was only one-quarter of the population of montreal, the language used in business and commerce, and on many public signs, was english. but signs like this one are now a relic of the past, since the french majority enacted laws to protect their language. one of their first actions was to...
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experts from united states the prices you know the states will go up there is no reason for american government do increase local prices because it will be the corpse of their poor self-induced the united states the return of factories to united states they don't want to do it and that is why i absolutely sure that they will not give permission to increase seriously increase their expert but to tell us the us federal regulators must know these arguments as well that if they go ahead if they given the green light to european gas exports would that mean that it does make economic sense not necessarily again the same answer and simply because you seem addition to economics that you and i may be used to talking about here and business there also the politics and it mainly the geopolitical interests that no doubt play a major role in statements like these the united states and numerous occasions criticized russia for using gas as a political tool and as soon as it discovers shale gas what does senator lugar want to to do what it wants to turn around and use gas as a political weapon gas to gas compe
experts from united states the prices you know the states will go up there is no reason for american government do increase local prices because it will be the corpse of their poor self-induced the united states the return of factories to united states they don't want to do it and that is why i absolutely sure that they will not give permission to increase seriously increase their expert but to tell us the us federal regulators must know these arguments as well that if they go ahead if they...
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purportedly showing a child executing someone who's claimed to be a government supporter and of course that video is not verified but the bigger picture question here is shouldn't incidents like this raise some questions or concerns about backing the opposition they should definitely but unfortunately the way this. works is going to have seemed to be to leave little messages to go to google groups approving it will be will escape through. the consequences or nobody will be targeting them as terrorists. looks like we've lost a guest there we're going to try to get that interview back for you that was dr ali mohamed the editor in chief of the syria tribune online magazine. well the death of former russian spy alexander litvinenko who was poisoned in london six years ago is again in the spotlight a testimony at a preliminary hearing into the incident suggest that living go was a paid british intelligence agent and that the russian state was involved in as murder charges or spencer's in london and is following those developments for us this is not just about the sort of salacious details o
purportedly showing a child executing someone who's claimed to be a government supporter and of course that video is not verified but the bigger picture question here is shouldn't incidents like this raise some questions or concerns about backing the opposition they should definitely but unfortunately the way this. works is going to have seemed to be to leave little messages to go to google groups approving it will be will escape through. the consequences or nobody will be targeting them as...
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Dec 13, 2012
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and i think there is more beyond with the government having an emerging plan. this is just taking a long period of time and i think that will continue on to next year. >> a very interesting guy, robert kapito. you just heard him say that his choices in order were u.s., then emerging markets, then europe. if you were to follow that advice and put money into the u.s. market, give me a couple of names would you look for for 2013. >> first of all, you want to buy names that cater to all of us that have less money. let's talk about one of those names. mcdonald's and costco. mcdonald'scaters to a letter budget crowd. obviously they have a huge emerging market expansion as well. and they seem to be capturing market share from starbucks. they've enrolled in juices and try to capture market share from jamba juice. >> a horrible luxury. not a luxury. but affordable food. >> correct. now let's go to affordable food. costco, you go to the back and there's the milk. but you have to go through the middle section. the middle section is what people buy, the high margin items.
and i think there is more beyond with the government having an emerging plan. this is just taking a long period of time and i think that will continue on to next year. >> a very interesting guy, robert kapito. you just heard him say that his choices in order were u.s., then emerging markets, then europe. if you were to follow that advice and put money into the u.s. market, give me a couple of names would you look for for 2013. >> first of all, you want to buy names that cater to all...
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how does the government justify this? >> right. so, unfortunately, the fourth amendment doesn't apply to the files that the government keeps about its zincitizens and thosee files the counterterrorism center is able to get. when you do regular business with the government, you don't think that your records are swept into some sort of terrorism investigation. that's what this new change would allow. the fourth amendment sadly has nothing to say about that. >> julia, thank you very much for your reporting. it is unique reporting, and, of course, it has a lot of people asking questions, the very questions we've been asking about what your right is as a private citizen in this country. thank you. >> thank you. >> sure. >>> this view of a new jersey roller coaster becomes symbolic of the devastation the tri-state area faced after superstorm sandy. six weeks now after the storm the area is still trying to recover. some law enforcements on capitol hill are fighting now for capital aid. we'll hear from the hoboken mayor. >>> ted turner has
how does the government justify this? >> right. so, unfortunately, the fourth amendment doesn't apply to the files that the government keeps about its zincitizens and thosee files the counterterrorism center is able to get. when you do regular business with the government, you don't think that your records are swept into some sort of terrorism investigation. that's what this new change would allow. the fourth amendment sadly has nothing to say about that. >> julia, thank you very...
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government gets that money. you have inherent problem in the way the government is working, period. the fact that they have to come to a crisis situation for every major decision is a big problem, and that actually was chad, our producer up on capitol hill asking that question about deadlines every time for a big decision, but you're right, and i don't see it yet. i agree with you. i thought it was 50/50 coming into this week. i think it's 70/30 now that we're going over the cliff, and maybe even higher than that, as you listen and talk to behind even behind the scenes. connell: i didn't know it was him, but i was nodding thinking that's what everybody's thinking, every single time, and that's why people get tired of it. listen to speaker boehner quickly here on what he had to say about spending cuts moments ago. here's the speaker. >> i've been pushing all year for us to address the problem, but here we are at the 11th hour, and the president, still, is not serious about dealing with this isssue right here. it'
government gets that money. you have inherent problem in the way the government is working, period. the fact that they have to come to a crisis situation for every major decision is a big problem, and that actually was chad, our producer up on capitol hill asking that question about deadlines every time for a big decision, but you're right, and i don't see it yet. i agree with you. i thought it was 50/50 coming into this week. i think it's 70/30 now that we're going over the cliff, and maybe...
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. >>> now, to the proposed government crackdown on one of the most deadly hazards on the road, wrong-way driving. the ntsb offering measures to keep dangerous drivers off the road. abc's jim avila has the story. >> reporter: it is a frightening sight with tragic consequences, the wrong-way driver. >> it's a limited access highway. >> reporter: this crash just happening wednesday in pennsylvania, killing 27-year-old tiffany allcore. >> we had a fatality. someone going the highway in the wrong direction. >> reporter: nearly 400 people die each year from wrong-way driving. most from head-on, high-speed accidents. in fact, 22% of wrong-way crashes are fatal, compared to less than 1% of all other crashes. >> and they're completely preventable. >> reporter: that's why the national transportation safety board just launched a nation wide crackdown. zeroing in on those responsible. 15% involve drivers over 70 years old. but the real danger is alcohol. 60% of wrong-way accidents are caused by drunk drivers. nearly 10% by repeat offenders, which is why the ntsb is recommending that all 50 states re
. >>> now, to the proposed government crackdown on one of the most deadly hazards on the road, wrong-way driving. the ntsb offering measures to keep dangerous drivers off the road. abc's jim avila has the story. >> reporter: it is a frightening sight with tragic consequences, the wrong-way driver. >> it's a limited access highway. >> reporter: this crash just happening wednesday in pennsylvania, killing 27-year-old tiffany allcore. >> we had a fatality. someone...
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is deliberately demonizing the syrian government we've heard this stuff before about you know saddam hussein's debbi m d's and he was going to unleash them on the us and mushroom clouds over american cities and it was entirely bogus it was that it was a way to get the american people to support the invasion and occupation of the country and that's what all of this interventionism is all about to install their dictators into power look like how the us empire is not complaining about the dictatorship in bahrain i mean there you've got a hundred military u.s. military base so they've got to stay quiet about that here any and you see what went on in egypt you see in saudi arabia i mean the u.s. has long supported dictatorship saddam hussein was one of the ones they supported and so this is about regime change in the hopes of installing a true pro u.s. regime but as we've learned things don't come out is that as they often plan to be . well as the u.s. and its allies give full endorsement to the syrian opposition the affairs it may not have control of competence on the ground online we ha
is deliberately demonizing the syrian government we've heard this stuff before about you know saddam hussein's debbi m d's and he was going to unleash them on the us and mushroom clouds over american cities and it was entirely bogus it was that it was a way to get the american people to support the invasion and occupation of the country and that's what all of this interventionism is all about to install their dictators into power look like how the us empire is not complaining about the...
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you said working for the government or did you mismean receiving benefits from government? caller: yes. host: would you support any tax increases? caller: if there are absolutely some cuts made. we have sat down with the democrats before. they say they will make cuts and they never do. we all know the federal worker that arranged the trip to las vegas and sits in the hot tub with the champagne, he refused to answer. he got a $9,000 bonus but refused to answer questions when he was called before congress. he retires with a pension of $100,000. i don't know anybody in my family that makes that, and they actually work. and he's getting a pension. that needs to be looked at. government workers get away more in benefits, and in salary and work less than people actually working today their salaries. host: thanks for calling. jonica pennsylvania on our independent line. caller: it's too bad you don't have an instantaneous fact check button.ton in fron that's for the last caller. you guys have forgotten about a particular man, with all these tax and cut talks, you guys should have
you said working for the government or did you mismean receiving benefits from government? caller: yes. host: would you support any tax increases? caller: if there are absolutely some cuts made. we have sat down with the democrats before. they say they will make cuts and they never do. we all know the federal worker that arranged the trip to las vegas and sits in the hot tub with the champagne, he refused to answer. he got a $9,000 bonus but refused to answer questions when he was called before...
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i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people, joe, call your congressman, call your congressman. and i finally wrote back on one of them. you're still campaigning? would you please start governing? and they sent something back to me, if you have comment on policy, snd it to this meal. but i finally sent it back and said would you please just -- you're in. you're in for four more years. you don't need the cross-section of the united states behind you. as you say, i've got to pen. you won re-election. now govern, now lead. >> but, joe, from the white house point of view, which they feel was indicated by what happened in the election, the purpose of the campaigning is to make republicans govern with them. that's -- >> by their rules. you know, the republicans got re-elected, too, and there's more of them. >> right. well, there's more or them in the house. there is not more of them in the se
i understand ginning up public support, but beaches and campaigns, it's govern, govern, govern, stay in washington, be with these people. govern. getting people to -- i'm getting e-mail every day. i got one from -- i don't know, from his people, joe, call your congressman, call your congressman. and i finally wrote back on one of them. you're still campaigning? would you please start governing? and they sent something back to me, if you have comment on policy, snd it to this meal. but i finally...
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the government's not. i'm in full agreement. >> we simply can't handle the demographic pressures unless we do this. >>> up next, how much should new parents know about their kids' genetic futures? "time" magazine takes a provocative look at the practical and emotional implications of genetic testing of children. rick stengel is next with an exclusive first look at the new issue. we'll be right back. ♪ [ male announcer ] lifts to clear obstacles. ♪ lowers to cut drag. rises to every challenge. the class exclusive air suspension in the new 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. but some things never get old... marie callender's dutch apple pie with fresh fuji apples and a crust made from scratch... it makes home at the holidays even sweeter. marie callender's. it's time to savor. >>> so cute. welcome back to "morning joe." it is now time to look at "time" magazine with managing editor rick steppingel here to reveal latest issue. and it is the cutest cover i've ever seen. it
the government's not. i'm in full agreement. >> we simply can't handle the demographic pressures unless we do this. >>> up next, how much should new parents know about their kids' genetic futures? "time" magazine takes a provocative look at the practical and emotional implications of genetic testing of children. rick stengel is next with an exclusive first look at the new issue. we'll be right back. ♪ [ male announcer ] lifts to clear obstacles. ♪ lowers to cut...
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>> well, the government says -- there's no comment from the government. the department of homeland security is not saying anything. one bank says they take their security seriously. other banks haven't returned our phone calls. usually they don't advertise much about what they're doing or thinking about these malware things. they don't like to antagonize the hackers and they clearly are going to try to fix it. >> so what's the one thing we need to know about our money. >> we'll find out important data about how much people spent in november, the retail sales report. economists think it rose maybe 0.4% in november. retailers really want you to keep spending the rest of the year. they want to make sure you keep spending your money into december. this is my daily reminder that don't spend money you don't have. >> you've seen mixed reports on the confidence. >> we really have. and ben bernanke said household confidence is starting to wane. businesses aren't spending money because of the fiscal cliff. so it's so elusive. it's almost right there. next year coul
>> well, the government says -- there's no comment from the government. the department of homeland security is not saying anything. one bank says they take their security seriously. other banks haven't returned our phone calls. usually they don't advertise much about what they're doing or thinking about these malware things. they don't like to antagonize the hackers and they clearly are going to try to fix it. >> so what's the one thing we need to know about our money. >>...
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after the guatemalan government deported him. he arrived in miami last night and spoke to reporters from his hotel in south beach. he complained that he had been forcibly separated from his girlfriend, but says she would be coming to the u.s. sometime soon. >>> and the u.s. is looking up ways to ratchet up the pressure on north korea following that successful launch of a long-range missile. experts say the launch is exactly what north korea's new young leader needed to prove analysts say, he's every bit his late father's provocative son. >> the message to the world is don't mess with me. i not only have the weapons, i have the delivery capability now. >> the united nations has condemned that launch. it's called for an appropriate response, which could mean more sanctions against north korea. >>> an update on the health of former south african president nelson mandela. doctors say the 94-year-old leader is making progress against a lung infection that's kept him in the hospital since saturday. still no word yet on when he might be
after the guatemalan government deported him. he arrived in miami last night and spoke to reporters from his hotel in south beach. he complained that he had been forcibly separated from his girlfriend, but says she would be coming to the u.s. sometime soon. >>> and the u.s. is looking up ways to ratchet up the pressure on north korea following that successful launch of a long-range missile. experts say the launch is exactly what north korea's new young leader needed to prove analysts...
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the governments have no money, therefore, cannot afford to pay them too generously. with respect to regulators, regulators are fighting for credibility. so more likely to err on the side of caution. in terms of area where we're more positive, we're more positive on intellectually property rich companies that have the ability to mon size that. >> such as? >> such as if you think about s.a.p. and germany, the lead sg one of the leading erp companies. many companies around the world are looking to structure their businesses more effectively and toni vest in technology today is about investing in productivity tools. that's what sap can bring to many of its customers. and that kind of intellectual property is build up over decades so it's hard to replicate. these represent barriers to the unique assets that these companies have. >> and in 2013, will there be more differentiation? >> i think there will be more differentiation within sectors looking forward to 2013 relative to what we saw in 2012. >> we'll leave it there. thanks for coming by. >> thank you. >>> now let's lo
the governments have no money, therefore, cannot afford to pay them too generously. with respect to regulators, regulators are fighting for credibility. so more likely to err on the side of caution. in terms of area where we're more positive, we're more positive on intellectually property rich companies that have the ability to mon size that. >> such as? >> such as if you think about s.a.p. and germany, the lead sg one of the leading erp companies. many companies around the world...
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the central bank also will continue buying billions of dollars of government bonds in its effort to keep interest rates low. pimco c.e.o. mohamed el-erian will join us. >> susie: and the legal marijuana business-- two states okaying it for recreational use. we talk with one company profiting from medical marijuana products.
the central bank also will continue buying billions of dollars of government bonds in its effort to keep interest rates low. pimco c.e.o. mohamed el-erian will join us. >> susie: and the legal marijuana business-- two states okaying it for recreational use. we talk with one company profiting from medical marijuana products.
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if there was a north korean government in africa we would bomb them. we would go on a humanitarian mission to remove that government. >>- q. i are you sure? >> i am telling you. >> most of the time we like to ignore africa. >> there would be an outcry for the u.n to get involved if there were black africans being treated the way -- >> i get your point. >> there would be world outcry. >> i get his point. >> i made a really good point. >> you did, but i am trying to move on. so they claim they launched the weather satellite that is now barreling out of control and headed toward canada or wherever. should we take them at their word that this is a weather satellite? >> because they never tried to deceive us in the past? it is clear they are trying to work toward a nuke clear weapon here. a nuclear weapon. it is another step closer. if they are sending up the red flag this is something we should be paying attention to, i would rather listen to them than random skeptics that would say it is just a weather satellite. i don't think north korea has given us any
if there was a north korean government in africa we would bomb them. we would go on a humanitarian mission to remove that government. >>- q. i are you sure? >> i am telling you. >> most of the time we like to ignore africa. >> there would be an outcry for the u.n to get involved if there were black africans being treated the way -- >> i get your point. >> there would be world outcry. >> i get his point. >> i made a really good point. >> you...
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there are things government can and cannot do. among the things government can do it is create conditions under which as much cost and uncertainty is listed in order for business to innovate. correct one of the statistics i have looked at had to do with reducing regulatory barriers. i thought this was amazing. u.s. firms with less than 20 employees spent 36% more to comply with regulations the larger firms. and the small start-ups, that is what we are all looking for as we look for the next big economic success story, those that may have been around for awhile. at google we look at what a web presence can do for start up as they increase their potential and throughout the world in terms of global exporting, their ideas and innovations. regulatory barriers have such a depressing impact on their ability to get the job done, that there's something government in do that does not have any impact in terms of the cost and produces benefits in terms of [indiscernible] >> once we get through the fiscal cliff, this a very clear innovation a
there are things government can and cannot do. among the things government can do it is create conditions under which as much cost and uncertainty is listed in order for business to innovate. correct one of the statistics i have looked at had to do with reducing regulatory barriers. i thought this was amazing. u.s. firms with less than 20 employees spent 36% more to comply with regulations the larger firms. and the small start-ups, that is what we are all looking for as we look for the next big...
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the government will put out numbers. it seems like every time they put out numbers they're well behind. what is the disconnect between the numbers that we see officially and what's really going on in the oil patch? and why don't people realize how quickly this change is occurring? >> yes. the dynamic of the change is one that's easy to underestimate. in fact, eog has really underestimated the dynamic of the change. we've raised our production growth forecast for oil three times this year. and that's not because we've been coy with wall street. it's really because we've underappreciated the power of some of these plays. you mentioned earlier for example this eagle ford play, we think that just eog's net of oil discovered in the eagle ford is the biggest discovery of oil in the united states since prudhoe bay back in about 1970. that's how powerful that is. and eagle ford over a period of really five years is likely to go from zero to a million barrels a day. that's on a gross basis for everybody in the industry. for an oi
the government will put out numbers. it seems like every time they put out numbers they're well behind. what is the disconnect between the numbers that we see officially and what's really going on in the oil patch? and why don't people realize how quickly this change is occurring? >> yes. the dynamic of the change is one that's easy to underestimate. in fact, eog has really underestimated the dynamic of the change. we've raised our production growth forecast for oil three times this year....
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and second, americans deserve an government that, woses for them. our duty on the oversight and governor reform committee is to protect the rights, our so lem responsibility is to hold government accountable to taxpayers. because taxpayers have a right to know what they get from their government. it's our job to work tirelessly as citizens watchdogs to deliver the facts to the american people and bring reform to the bureaucracy. our committee's resources are limited. but in one area, we have focused for more than six years. than is taking drugs and dangerous substances out of professional supports. we do so on a bipartisan reason and basis. question codo so what professional sports do what the sports do and what children aspire to do. we cannot take professional sports in isolation because ultimately it trickles down to the young ones. when we began our work on a bipartisan basis on steroids in baseball, steroids have become common in at high school level. today, i believe, is dramatically reduced but not eliminated. on their own with some push from
and second, americans deserve an government that, woses for them. our duty on the oversight and governor reform committee is to protect the rights, our so lem responsibility is to hold government accountable to taxpayers. because taxpayers have a right to know what they get from their government. it's our job to work tirelessly as citizens watchdogs to deliver the facts to the american people and bring reform to the bureaucracy. our committee's resources are limited. but in one area, we have...
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mcafee claims the government will kill him if he goes back to belize. the prime minister sunday up the bizarre case saying, i don't want to be unkind to the gentleman, but i believe he is extremely paranoid, even bonkers. >>> i'm shepard smith. this is the fox report. it's the bottom of the hour and time for the top of the news. don't go ballistic. that's basically what the north koreans are saying after they divide the world by launching a long-range rocket. the north calling on the united states and its allies to, quote, remain cool. tonight the united nations security council is condemning the launch and threatening an appropriate response. whatever that is. james rosen is at the department of state tonight. what might that be? have a clue? >> shep, the dirty little secret here is that the united nations security council doesn't have many options. diplomats debated today whether to issue a toughly worded but ultimately meaningless resolution or to try to impose still more sanctions on the backward stalinist state that's the most heavily sanctioned co
mcafee claims the government will kill him if he goes back to belize. the prime minister sunday up the bizarre case saying, i don't want to be unkind to the gentleman, but i believe he is extremely paranoid, even bonkers. >>> i'm shepard smith. this is the fox report. it's the bottom of the hour and time for the top of the news. don't go ballistic. that's basically what the north koreans are saying after they divide the world by launching a long-range rocket. the north calling on the...
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. >> when the government does things, it usually doesn't end well. >> only 12 trading days left until d-day. we're here to help you navigate it. this is "fast money." live from the nasdaq market site in new york city, i'm melissa lee. here are tonight's top three trades. mr. shake shack himself, danny meyer, talks consumers and the cliff. are people still spending in this tough economic climate? plus, i-tv. will apple disrupt another media industry and what will it take to give the stock a second wind? and can red box really give netflix a run for its money? but first, our top story, of course, the fed making a change to monetary policy, linking future moves to the rate of unemployment. for more, let's bring in the man who said to have his finger on the pulse of the fed, the chief economics correspondent at "the wall street journal." john, great to have you with us. >> great to be back. >> do you think this is a good thing or bad thing? >> oh, god. i don't want to pass judgment. i think only history is going to be able to tell if it was good or bad. i think there's a risk here, though
. >> when the government does things, it usually doesn't end well. >> only 12 trading days left until d-day. we're here to help you navigate it. this is "fast money." live from the nasdaq market site in new york city, i'm melissa lee. here are tonight's top three trades. mr. shake shack himself, danny meyer, talks consumers and the cliff. are people still spending in this tough economic climate? plus, i-tv. will apple disrupt another media industry and what will it take to...
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-- a spend-and-cut government. new taxes means new spending. i thought that was a great comment. especially with the president's proposal that he brought forth the other day, that he wanted more stimulus spending. so the cuts he was proposing, just like curtis said, were just going to be immediately funneled over to new wasteful stimulus spending. they would have nothing to do with reducing the debt or deficit. i thought curtis was right on. we had laurence from pleasant hill and he said, good morning, representative hartzler. i know we're being told we are at the edge of a fiscal cliff. we did not arrive there by not paying enough taxes. the federal government spends insane amounts of money and even by reducing us all to serfs, the taxes will not cover the spending. well said. here's jerry from lamar. she said, please stop spending our money. walk away from the table if they're not willing to stop wasting our hard-earned money. reform the entitlements and lower the taxes. nothing else in my opinion is acceptable.
-- a spend-and-cut government. new taxes means new spending. i thought that was a great comment. especially with the president's proposal that he brought forth the other day, that he wanted more stimulus spending. so the cuts he was proposing, just like curtis said, were just going to be immediately funneled over to new wasteful stimulus spending. they would have nothing to do with reducing the debt or deficit. i thought curtis was right on. we had laurence from pleasant hill and he said, good...
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i think this government is being a lot smarter than the government in europe. the reason i don't think we have the kind of austerity we have in europe is because of the fact that bernanke is doing what he's doing. the fed is absolutely doing the right thing, preventing deflation and it's high time the politicians started seriously dealing with the deficit. the deficit is never going to get better. the situation about the deficit is never going to get better unless somebody does something about it. you can talk all you want. >> the europeans have been doing the same thing the federal reserve is doing, and they are having the same problems we're having, and in terms of the banks, if you want banks to lend, have the regulators stop beating them up every time they make a loan. it's easy toe lend to the government, easy to lend to big companies, but small and medium-sized businesses, you better pay for that things over six ways to sunday and the regulators are camping out and the banks will be on your backs for it. we need a countercyclical bank policy, and easy tim
i think this government is being a lot smarter than the government in europe. the reason i don't think we have the kind of austerity we have in europe is because of the fact that bernanke is doing what he's doing. the fed is absolutely doing the right thing, preventing deflation and it's high time the politicians started seriously dealing with the deficit. the deficit is never going to get better. the situation about the deficit is never going to get better unless somebody does something about...
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up to was from one side bernie son from the other side and russia from a third side obviously every government is interested in to promoting employment into promoting working conditions into making sure that the corporate social responsibility be as much as possible so when are you expecting a return on investment what i think the return on investment should be within three years i would say something reasonable you start to see a good return on investment obviously the return on investment depends on the quality of the job which would be done by our teams obviously the out of us team but also the renault team underneath some team in russia have you personally driven a lot of car i did so what do you think what i think the car of the car help you understand you know what the russian consumers want and what russian consumers do not want and that's why i think it's very important to still strengthen the brand because i think russian consumers want russian brand but they want modern products offer by russia and we think that by driving the previous generation of flood the cars we understood what
up to was from one side bernie son from the other side and russia from a third side obviously every government is interested in to promoting employment into promoting working conditions into making sure that the corporate social responsibility be as much as possible so when are you expecting a return on investment what i think the return on investment should be within three years i would say something reasonable you start to see a good return on investment obviously the return on investment...
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government's call many years ago to be a partner in meeting our commitments. similar, prior requests for deadline release have been firmly denied by all of the relevant agencies. now here's the problem. i was contacted by a florida company some months ago. part of the early rationale for this bill was there was no alternative, but the florida manufactured that played by the rules called me up. they said, we hear about this hearing on capitol hill. do you know that we're manufacturing an alternative to primatene mist that will be over the counter and it will be affordable? nefron pharmaceuticals had a hand-held battery operated device to allow asthma patients to inhale something similar to epinephrine and primatene mist. it is readily available for walgreens.com, cvs.com, and a national whole seller, smith drug, a wholesaler. they are doing a national tv campaign now. they have starter kits. this is available so that rationale, that early rationale there is no alternative du not exist any more. -- does not exist any more. but here's the important part. we can't
government's call many years ago to be a partner in meeting our commitments. similar, prior requests for deadline release have been firmly denied by all of the relevant agencies. now here's the problem. i was contacted by a florida company some months ago. part of the early rationale for this bill was there was no alternative, but the florida manufactured that played by the rules called me up. they said, we hear about this hearing on capitol hill. do you know that we're manufacturing an...
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in karo or if you do like the government in cairo i guess i should say then you will love the government that comes to power in damascus because you will see a sunni muslim islamised government a muslim brotherhood style government that is absolutely intolerant fundamentally hostile to the west washington has failed to officially denounce the many suicide bombings perpetrated by the rebels in syria preferring to. focused on the wrongs committed by the assad regime alone the u.s. is also ramping up the rhetoric about the possibility of the assad government using chemical weapons against civilians something that damascus says would be suicidal on the other hand many rebels are not averse to the idea of suicide in the name of what they call holy war militants have recently taken control of a toxic chemical plant in the country's second city of aleppo a video was uploaded to youtube showing them testing chemical weapons on rabbits we could not independently verify the authenticity of the footage for them alone you will die like these two rabbits in its own words the assad government is fight
in karo or if you do like the government in cairo i guess i should say then you will love the government that comes to power in damascus because you will see a sunni muslim islamised government a muslim brotherhood style government that is absolutely intolerant fundamentally hostile to the west washington has failed to officially denounce the many suicide bombings perpetrated by the rebels in syria preferring to. focused on the wrongs committed by the assad regime alone the u.s. is also ramping...
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days after warning of the government's use of chemical weapons on its own people president obama formally recognized the rebel group as a legitimate representative of searia, the move further bolsters the u.s. support for a new government. >> we've made a decision that the syrian opposition coalition is now inclusive enough is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad regime, and so we will provide them recognition and obviously with that recognition comes responsibilities on the part of that coalition. >> the white house says the show of support for the coalition falls short of what many rebels want. spokesman jay carney says the u.s. will not provide weapons for the fighters. >>> very busy night for the president. he also spent time on the phone talking with house speaker john boehner trying to negotiate a deal to keep the u.s. from going over the so-called fiscal cliff. house republicans meeting right now and we expect to hear from the house speaker at the top of the
days after warning of the government's use of chemical weapons on its own people president obama formally recognized the rebel group as a legitimate representative of searia, the move further bolsters the u.s. support for a new government. >> we've made a decision that the syrian opposition coalition is now inclusive enough is reflective and representative enough of the syrian population that we consider them the legitimate representative of the syrian people in opposition to the assad...
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the government should be involved in the. unfortunately, there are times when people evaluate investments that help our poorest children, the people in the toughest, most disadvantaged neighborhoods, some of our most intractable problems even with, for example, young people rescued from trafficking. these are very, very difficult problems. and we should evaluate and see what works. but we should also insist again there's not a double standard, so that if an evaluation, single evaluation or even a couple of evaluations somehow show that a particular strategy is not worth well, that is a motivation to do things better and smarter, not an excuse or reason to say government has no business being involved in that endeavor. so i think we need to be more change, accountability, evaluation, but not a tougher, higher double standard just when it comes to young people from the most disadvantaged and troubled environment. so there is so much to talk about in the innovation area. let me just mention a few things that we are focused on an
the government should be involved in the. unfortunately, there are times when people evaluate investments that help our poorest children, the people in the toughest, most disadvantaged neighborhoods, some of our most intractable problems even with, for example, young people rescued from trafficking. these are very, very difficult problems. and we should evaluate and see what works. but we should also insist again there's not a double standard, so that if an evaluation, single evaluation or even...
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the government is a huge part of their gdp, decision making is not really marketing. there's unintended consequences of their policy. for example, if you cannot shut down a poorly performing or money losing factory, what effect will that have on somebody who might want to expand his or her business? if you know that you can never -- if you know you have a liquidity -- illiquidity and can never get out of a position, are you much less likely to go into it? sure. the ramifications and consequence of their policies are starting to be felt there now. we're not going to get out of it. it's a big gdp. we're very active there. some of the greatest companies in the world are french companies. >> i asked this of jamie, and it's an important question, given some of the reputational hit that goldman took over the last couple of years. public still has a very negative perception, i think, of wall street. do you think that's changing? do you think you're doing something to change it? i note that you do 10,000 small businesses and 10,000 women, which are all important programs, but
the government is a huge part of their gdp, decision making is not really marketing. there's unintended consequences of their policy. for example, if you cannot shut down a poorly performing or money losing factory, what effect will that have on somebody who might want to expand his or her business? if you know that you can never -- if you know you have a liquidity -- illiquidity and can never get out of a position, are you much less likely to go into it? sure. the ramifications and consequence...
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in opposition the prime minister said that he wanted his government to be the most family friendly government the country never seen. can ask them why he is cutting conservative pay for working mothers? >> first of all, can a welcome the honorable lady to the house of commons and congressional her on her recent election success. we've had to take difficult decisions about welfare, both in work welfare and in work well for an out of work welfare, and so we put a cap on 1% of all the working benefits, including the work that she mentions. but above all on this issue, what i think is the right thing to do is cut the taxes of people in work rather than take more in taxes and then redistribute it through tax credits pixel and decide we want to cut taxes on those who work. that's what we're doing and there will be more of it to co come. >> over the last five years benefits have risen twice as fast than sellers. as the prime minister agreed that once we have a duty, it cannot be fair that people are out of work enjoy bigger increases than those who -- [inaudible] [shouting] >> i think my honorable f
in opposition the prime minister said that he wanted his government to be the most family friendly government the country never seen. can ask them why he is cutting conservative pay for working mothers? >> first of all, can a welcome the honorable lady to the house of commons and congressional her on her recent election success. we've had to take difficult decisions about welfare, both in work welfare and in work well for an out of work welfare, and so we put a cap on 1% of all the...
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look, when you look at medicare and individuals, the federal government has had first right of refusal on your paycheck. all of your working life and that money has been paid into medicare. we need to make certain that that trust fund, which is it is supposed to be, medicare and social security are trust funds, and they should be organized as trust funds. some of us have had legislation that would help with this issue. that obligation to our nation's seniors has to be met. if we do nothing then you're going to see those trust funds run out of money. social security is already pulling on the general fund. these are issues that you have to say, number one, let's stabilize it. number two, let's look at the long-term viability. number three, let's figure out how this obligation is going to be met to today's seniors, and near seniors and how we're going to make it workable. >> congresswoman -- >> you cannot leave this unattended. >> tom berger here. following up on ryan's question, those are big and lofty goals but let's talk about the next two weeks, ryan asked but the medicare eligibility
look, when you look at medicare and individuals, the federal government has had first right of refusal on your paycheck. all of your working life and that money has been paid into medicare. we need to make certain that that trust fund, which is it is supposed to be, medicare and social security are trust funds, and they should be organized as trust funds. some of us have had legislation that would help with this issue. that obligation to our nation's seniors has to be met. if we do nothing then...
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freedom of speech, ability to petition your government. i always find it a little offensive when the banks say the banks shouldn't be allowed to petition the government. if you ask me what it means for our mortgage business, i can tell you. we'll be fine. i'm not worried about that. we want the united states government, president, congress, to have rational policy. they know what all the pieces are. let them figure out which politically feasible pieces are, jpmorgan will be fine. market credible doesn't mean that banks think it's credible, it means when you all wake up in the morning and they talk about it, that the people who analyze it in the press, say, this is
freedom of speech, ability to petition your government. i always find it a little offensive when the banks say the banks shouldn't be allowed to petition the government. if you ask me what it means for our mortgage business, i can tell you. we'll be fine. i'm not worried about that. we want the united states government, president, congress, to have rational policy. they know what all the pieces are. let them figure out which politically feasible pieces are, jpmorgan will be fine. market...
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yet the government hasn't ruled it out. the other issue on the forefront on the president's mind, the u.s. economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure middle class taxes don't go up on january 1. and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> prediction, are you going to be able to raise taxes, yes or no? >> taxes are going to go up one way or another. and i think the key is to make sure that taxes go up on the high end individuals like you and me, barbara. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> how about this analysis. the obama administration wants to send a clear message that while
yet the government hasn't ruled it out. the other issue on the forefront on the president's mind, the u.s. economy and that pending fiscal cliff. are we going to go over the fiscal cliff? >> you know, i remain optimistic that there are enough people of good will in this town that recognize our economy will be much better off, american families will be much better off if we get this done. the most important thing we can do is make sure middle class taxes don't go up on january 1. and i'm...
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and i would ask everybody in the government responsible for profit as a nation business to remember that. there are more businesses that allegedly were for their own wealth and for the benefit of the country should produce a patriots. even though they did charity phone yours uses the knowledge then you can but you might squeeze the people who respect businesses and business community in general. time yes that's business i would like to remind you that together with the businessmen but he might just be we started working on the national business initiative was done to bring russia into the top twenty anybody contrary his friends of the business climate. this would the pony king of the road if you do we curb the unity of these sedition and our oath will come primarily not in the commodities sector of but install and medium enterprises. regionals and seems plain enough or get rolled here is what we have this certain regions that lead to our would not be speech with the most able to the. suspect saying a ten percent g.d.p. growth in their regions with oil or gas a good engine. and so this is
and i would ask everybody in the government responsible for profit as a nation business to remember that. there are more businesses that allegedly were for their own wealth and for the benefit of the country should produce a patriots. even though they did charity phone yours uses the knowledge then you can but you might squeeze the people who respect businesses and business community in general. time yes that's business i would like to remind you that together with the businessmen but he might...